The House Freedom Caucus is sounding the alarm about America’s massive national debt, which is nearing $34 trillion, and calling for government spending cuts.

In a press release headlined “House GOP’s New Year Resolution Must Be Cutting Spending,” the conservative coalition labeled the nation’s current situation “a fiscal calamity.”

“America is on the path to fiscal ruin. We are rapidly approaching $34 trillion in debt — roughly $100,000 for every American — and our debt to GDP ratio is…

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